How can I use the Business HealthCheck tool to develop a business case for introducing a health/well-being programme?
You need to complete the ‘base data’ and ‘projections’ worksheets. On the ‘projections’ worksheet, you are required to consider and estimate what impact you think a health/well-being programme will have on the various business metrics such as sickness absenteeism and labour turnover for your organisation. Then view the ‘summary’ and ‘business case’ reports. These include summaries of current and estimated costs and benefits of introducing a health/well-being programme as well as financial/investment appraisal data such as net present value, internal rate of return and benefit to cost ratio to help you decide if the investment is worthwhile. If you want to develop different sets of assumptions or scenarios of the impact of a health/well-being programme, for example, best and worst cases and compared these, use the scenario section at the bottom of the ‘projections’ worksheet. Then view the ‘summary’ report.
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